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i predict if you had 99% tax on such a business you'd sell it to one of the clients, it's simply not worth your time or investment if they see the benefits. meanwhile your client company burdened by such a tax would probably bugger off too. as happened in the 60's & 70's when it wasn't worth...

is there such a thing as "lafferism", or is it a bogeyman invented to criticise? Laffer just offered a simplifed model that showed how tax/revenue works and there is an optimal rate, after which revenue reduces. incentives and disincentives matter, in general people will do less if they are...

brilliant breakdown, just £100 for every taxpayer, so little who wouldn't want to pay that? now do the same for every other facet of possible public spending: say more teachers, teachers' pay rise, more support staff, more buildings, better building, more books, more IT, pay for school uniforms...

Owen Jones is working to the assumption his opinions are most important, and anything Labour do that dont align with his views are wrong.